Discontinued — last reported Q2 '24
Business Segments · Goodwill
Thermal Management — Goodwill
nVent Electric plc Thermal Management — Goodwill decreased by 0.0% to $711.70M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $712.70M to $711.70M. Over 2 years (FY 2021 to FY 2023), Thermal Management — Goodwill shows relatively stable performance with a -0.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ2 2024
Rolls up toGoodwill
How to read this metric
High levels indicate significant historical acquisition activity, while changes may signal adjustments in valuation or impairment testing.
Detailed definition
The intangible asset value recorded when the Thermal Management segment acquires another business for a price exceeding...
Peer comparison
Standard accounting metric for companies that grow through M&A.
Metric ID:
nvt_segment_thermal_management_goodwillHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $715.90M | $714.60M | $714.30M | $715.30M | $714.00M | $711.70M | $711.70M | $711.80M | $712.70M | $711.90M | $713.00M | $711.90M | $711.70M |
| QoQ Change | — | -0.2% | -0.0% | +0.1% | -0.2% | -0.3% | +0.0% | +0.0% | +0.1% | -0.1% | +0.2% | -0.2% | -0.0% |
| YoY Change | — | — | — | — | -0.3% | -0.4% | -0.4% | -0.5% | -0.2% | +0.0% | +0.2% | +0.0% | -0.1% |
Range$711.70M – $715.90M
CAGR-0.2%
Avg YoY Growth-0.2%
Median YoY Growth-0.2%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is nVent Electric plc's thermal management — goodwill?
- nVent Electric plc (NVT) reported thermal management — goodwill of $711.70M in Q2 2024.
- How has nVent Electric plc's thermal management — goodwill changed year-over-year?
- nVent Electric plc's thermal management — goodwill decreased by 0.1% year-over-year, from $712.70M to $711.70M.
- What is the long-term trend for nVent Electric plc's thermal management — goodwill?
- Over 2 years (2021 to 2023), nVent Electric plc's thermal management — goodwill has grown at a -0.2% compound annual growth rate (CAGR), from $2.86B to $2.85B.
- What does thermal management — goodwill mean?
- The premium paid for past acquisitions within the Thermal Management segment.